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nPreferred stock price: Pps = $116.95; nStock price par value = $100; nDividend Rate 10% of par nPreferred Dividend: Dps=.10x$100 nFlotation Cost (as a percentage
nPreferred stock price: Pps = $116.95;
nStock price par value = $100;
nDividend Rate 10% of par
nPreferred Dividend: Dps=.10x$100
nFlotation Cost (as a percentage of proceeds): F = 5%
What is the Rps?
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